Remittances from Nigerians in the diaspora have become a critical driver of Nigeria’s foreign exchange earnings and Gross Domestic Product. As such, they play a
In November 2024, the Central Bank of Nigeria (CBN) issued the Revised Guidelines for the Nigerian Foreign Exchange Market (NFEM). This change allowed Bureaux de
The Nigerian Banking and Finance Sector: 2024 Review and 2025 Outlook The Nigerian banking and finance sector faced major regulatory changes in 2024. The Central
The Central Bank of Nigeria (the “CBN”), on 2 October 2024, issued a circular titled “Introduction of the Electronic Foreign Exchange Matching System in the
Islamic Finance in Nigeria, though still developing, has achieved significant growth, with the industry stated to have grown from NGN 1.5 trillion in 2022 to
The Central Bank of Nigeria (“CBN”) has consistently been expressing its policy drive to deepen the Nigerian autonomous foreign exchange market (“FX Market”) and to
Our Partner, Adeola Sunmola, and Associate, Tomisin Bhadmus-Ladi, have contributed a comprehensive feature article to Islamic Finance News, the world’s leading Islamic finance news provider.
UUBO is pleased to have contributed to the Securitisation (Trends & Developments) Global Practice Guide 2024 published by Chambers and Partners. Yinka Edu, Joseph Eimunjeze,
We are proud to have advised Old Mutual on the acquisition of its insurance businesses by emPLE Group Limited. The transaction aligns with Old Mutual’s
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